The cross-border trade and regulatory policies of the United States government in recent years have not always served the interests of American competitiveness on the world stage and have sometimes played directly into the hands of the Chinese Communist Party (CCP), according to a new report by Information Technology and Innovation Foundation (ITIF), a Washington-based think tank.
“Virtually every policy affecting the economy is at best grounded in a framework designed to support overall growth and what economists call ‘allocation efficiency,’ i.e. ensuring market forces allocate goods and services,” the report states. “With the exception of a few programs ... competitiveness policy is exogenous to the operations of the U.S. government.”
